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Stock impact report

DNOW (DNOW) Stock Trades Down, Here Is Why [Yahoo! Finance]

DNOW Inc. (DNOW) 
Last dnow inc. earnings: 2/19 06:45 am Check Earnings Report
US:NYSE Investor Relations: ir.distributionnow.com/investor-overview
Company Research Source: Yahoo! Finance
President Trump's threat to "completely obliterate" Iran's energy infrastructure and the critical Kharg Island hub. The ultimatum raised the specter of a total energy supply shock. Notably, Kharg Island handles 90% of Iran's crude exports. The escalating rhetoric, including potential ground force deployment to seize fuel hubs, drove a flight to safety. The shares closed the day at $11.63, down 5.1% from previous close. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy DNOW? Access our full analysis report here, it's free What Is The Market Telling Us DNOW's shares are quite volatile and have had 16 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was about 1 month ago when the stock Show less Read more
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